DRS Technologies Receives Contract to Design Integrated Gas Turbine Generator for U.S. Navy's New DD-X- Destroyers.Business Editors PARSIPPANY, N.J.--(BUSINESS WIRE)--Aug. 20, 2003 DRS Technologies DRS Technologies, Inc. (commonly known as DRS; formerly known as Diagnostic/Retrieval Systems, Inc.) is a supplier of defense electronic products and systems to the United States Air Force, Army, Coast Guard, Marine Corps, Navy, aerospace and defense prime , Inc. (NYSE NYSE See: New York Stock Exchange : DRS DRS Drives (street suffix) DRS Dispute Resolution Service DRS Doctorandus DRS Department of Rehabilitative Services DRS Direct Registration System (securities) DRS Department of Rehabilitation Services ) announced today that it has received a new contract to design and produce an auxiliary gas turbine generator set to support the Integrated Power System (IPS) engineering development model for the U.S. Navy's new DD(X) destroyers. The $8.3 million award was received by DRS from General Electric Aircraft Engines in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. , a unit of General Electric Company (NYSE: GE). DRS will package the General Electric LM500 marine gas turbine, which will be the driver for the 4-megawatt auxiliary unit. Work for this contract will be performed by the company's DRS Power Technology, Inc. unit in Fitchburg, Massachusetts Fitchburg is a city in Worcester County, Massachusetts, United States. The population was 39,102 at the 2000 census. Fitchburg is home to Fitchburg State College. History Fitchburg was first settled in 1730 and was officially incorporated in 1764. , and delivered to the U.S. Naval Surface Warfare Center's Land-Based Test Facility in Philadelphia, Pennsylvania. This order is part of a $2.9 billion contract awarded last year to Northrop Grumman (NYSE: NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) Ship Systems as the U.S. Navy's DD(X) design agent. Delivery of the gas turbine generator system to Northrop Grumman is expected in early 2005. "This award supports DRS's industry position as a key supplier of integrated power systems and high-performance power generation equipment," said Steven T. Schorer, president of DRS's Electronic Systems Group. "Selected to develop the packaged gas turbine generators of the electric drive engineering development models, DRS remains a key participant in the U.S. Navy's new DD(X) destroyer program and is fully qualified to play a significant role for the electric drive and propulsion systems on other new platforms planned by the Navy." Under separately awarded contracts from Northrop Grumman Ship Systems Northrop Grumman Ship Systems (NGSS) is the division of Northrop Grumman Corporation responsible for building small and medium shipping products. A separate sector of Northrop Grumman, Northrop Grumman Newport News, is responsible for nuclear submarines and supercarriers. and Newport News Shipbuilding, DRS is supplying key elements of the electric drive system, including propulsion motors, drive controls, power electronics equipment and other elements of the electric drive engineering development models for the U.S. Navy's new DD(X) destroyer program. This unique role is expected to allow expansion onto other electric drive platforms supporting Navy growth initiatives, including new ships under the CG(X) cruiser and Littoral Combat Ship The Littoral Combat Ship is the first of the U.S. Navy's next-generation surface combatants. Intended as a relatively small surface vessel for operations in the littoral region (close to shore), the LCS is smaller than the Navy's guided missile frigates, and have been compared to (LCS LCS - Language for Communicating Systems ) programs. DRS Technologies is a leading supplier of high-performance power generation, conversion, electric propulsion and distribution equipment, networks, control systems, tactical displays and specialty nuclear reactor plant instrumentation for the U.S. Navy's combatant fleet and specialized industrial customers. DRS has installed equipment on every U.S. Navy combatant ship since World War II, including nuclear-powered and conventionally-powered ships. GE Aircraft Engines is the world's leading manufacturer of large and small jet engines for commercial, corporate, military and marine applications. The company also supplies aircraft-derived engines and gas turbines for marine and industrial applications. DRS Technologies provides leading edge products and services to government and commercial customers worldwide. Focused on defense electronics, the company develops and manufactures a broad range of mission critical systems and components in the areas of communications, combat systems, battlefield digitization, electro-optics, power systems, data storage, digital imaging, flight safety and space. For more information about DRS Technologies, please visit the company's web site at www.drs.com. |
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